The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-09-27
BUCKET SHOPS MAY RUN.
Mr.. Weils Bill to Close Them Beaten
in the House.


ATLANTA. GA, Sept. 26-The session of
the Senate to-day was devoted to reading
House bills the first and second times.
In the House, resolution by McCord, of
Richmond, to have night sessions after next
Wednesday, except Saturday, was lost
The following new matter was intro
duced:
BY Mr.. McCord-A resolution, the Senate
concurripg, that the General Assembly ad-
iourn Oct. S, was referred to committee on
rules.
BY Mr.. Harper. of Carroll-A bill TO char
ter the Merchants and Planters Bank of
Carroll County
BY Mr.. Watts, of Stewart---A resolution
appropriating $l25 for the payment of clerk
hire for the Committee on the Western and
Atlantic Railroad.
Bills on third reading Jared as follows:
Mr. Smiths resolution for the relief of r.
NJ Tyson, former Tax Collector of Glynn
county, passed
The bill to levy and collect tax of 81 900
on all physicians not permanently located
and reported favorably upon by substitute,
was lost.
The Senate amendment to the bill to in
corporate the Mutual Insurance Company
of Savannah was adopted.
Mr. Howell's bill TO amend section ,201
of the Code, as to the duties of the commit
tee to visit the State University, passed.
The bill of Mr.. Russell, OF Polk, for the
relief of ID. II. Hubbard, Tax Collector of
Polk county, was tabled.
The bill of Mr. We'll. of Fulton, to pro-
hibit any person from running Bucket
Shop" came up. The objects of the bill
were explained by Mr.. BeIner, which was
to break up the bucket shop business in
Georgia. He said the failure OF the Atlanta
bucket shop recently is good argument in
favor of the passage of the bill.
MIR. HARRISON OPPOSES.
Mr.. Harrison, of Quitman, opposed the
bill He thought that the passage of it
would interfere with the legitimate handling
of cotton, such as in a case where farmer
sells his cotton to a merchant for delivery
in the fall.
Mr. Berner said that the bill did not apply
to cases of that character. IL would not in
terfere with any trade in which there is
actual delivery. The measure prohibited
the selling of cotton, corn, wheat and meal
where future delivery was not contem-
plated.
Mr. Harrison thought that there was no
difference between man who deals in spot
cotton and another who deals in futures.
Mr.. Gordon moved that the bill be recon-
mitted to the Committee on Finance, which
motion was lost.
Mr.. Gordon opposed the bill He hoped
it would be lost He thought the bill went
too far
Mr.. Berner said that all there was in the
bill was that it prohibited the keeping of a
house in which the sale of futures was made
business of. 1t did not touch transactions
when there are actual deliveries. He made
an able and exhaustive argument in favor
of the bill. The sole object of the bill is TO
break up what is known as the bucket shop.
The millionaires of the North controlled the
prices of wheat, corn, meat and lard and
such articles of food; they also controlled
the price of cotton in such way as to in
jure the producers Mr.. Berner read from
Dc Strongs book, "Our Country" and
gave credit to the extracts quoted.
RECOMMITTAL ASKED.
Mr. Arnheim, of Dougherty, wanted the
bill recommitted so that its Objectionable
features could be taken out or so modified
as to meet their views and those of the
members who opposed the bill He read a
decision from the 59th Georgia where an
agent may secure from principal money
expended for cotton futures. He also cited
another case in the list Georgia in support
of his position. He moved that the bill be
committed to the Special Judiciary Com
mittee.
Mr. Gordon said that he opposed the bill,
because it whipped out the produce and cot
ton exchanges These enterprises were slis-
tained by merchants who combined to
gether for the purpose of getting informa-
ton that they could not get individually.
There were hundreds of thousands of dol
lars worth of cotton and provisions bought
and sold daily, not for speculation, but for
protection. The buyer wants to protect
himself in these transactions. He wants to
know that he is going TO get his cotton or
provisions on certain day and at certain
price. The bill was striking blow at the
export business of the State.
Mr. Harrell, OF Webster said that he could
see great difference between the man who
bought spot cotton and the man who bought
future delivery. In the purchase OF spot
cotton the cash was paid and the money was
distributed. This was not the case in the
purchase of futures. as the only benefit de-
rived from the transaction was by the
agent. Dealing in futures was gambling
transaction, and was injurious to the morals
of the people Of the State.
On vote the bill failed of the constitu-
tional majority and was lost, the vote being
80 yeas to 30 nays.
GLEYN's BILL COMES UP.
At the afternoon session, on motion Of
Mr.. Glenn, of Whitfield, the House took
up the substitute of the Senate for the
Glenn co-educationaI bill Mr.. Glenn made
a short speech in opposition to the substi
tute, concluding his argument by moving
that the II ouse refuse to concur in the ar-
tion of the Senate. which motion prevailed
without a dissenting vote.
Mr.. Reid's bill, TO incorporate the Blue
Ridge and Atlantic Railroad Company,
passed
The bill of Mr. Stewart, of Mitchell to
pay NJ b. Weeks, Of Mitchell county, for
an artificial arm under the act Of Dec. 4,
1876 passed.
The bill of Mr. McCleslxy. TO incorporate
the Marietta Insurance Company, passed.
The bill of Mr. Dodge, TO amend section
1889 Of the Code. passed.
The bill OF Mr.. Harrell, of Webster, 10
make it "A penal offensc to attempt TO
prevent any person from pursuing lawful
trade or business, passed.
The bill Of Mr.. Howell, Of Fulton, 10 in
corporate the Georgia Terminal Company,
passed
The following new bills were introduced:
BY Mr. Preston, OF Jasper-A bill TO
ratify and amend the charter Of the Macon
and Covington Railroad Company.
BY Mr. Harrell, Of Webster-A bill TO
amend the law with reference to the returns
Of tax collections 10 the Comptroller.
The bill by Mr. Belt OF Burke, 10 amend
the constitution with reference 10 the read
ing of bills was made the special order for
Thurs ay Of next week.
Mr. Lamar ohared n resolution which